Service and ATM Fees

Current as of Service Fee Date

Service Fees

Accounts	Amount
Regular Share, Premium Online Savings, and Money Market Savings
Check Stop Payment (Individual)	$20.00
Check Stop Payment (Sequential Series)	$30.00
Returned Inbound Electronic Transfer (Originated at PenFed)	$30.00
Returned ACH (Originated at another financial institution), Check, or Preauthorized Debit
Non-sufficient Funds Uncollected Funds (Deposits on hold)	$30.00 $10.00
PenFed ATM Fees for Regular Share and Money Market Savings Accounts: PenFed ATM fees waived for members with Access America or Free Checking accounts
Non-PenFed Branded ATM Withdrawal Fee* Non-PenFed Branded ATM Balance Inquiry Fee*	$1.50 $1.00
Foreign Transaction Fee	up to 2% of transaction amount
Checking
Free Checking
Check Stop Payment (Individual)	$20.00
Check Stop Payment (Sequential Series)	$30.00
Returned Inbound Electronic Transfer (Originated at PenFed)	$30.00
Returned ACH (Originated at another financial institution), Check, or Preauthorized Debit
Non-sufficient Funds Uncollected Funds (Deposits on hold)	$30.00 $10.00
Check Ordering (per order)
First 40 Reorder	Free¹ Varies²
Foreign Transaction Fee	up to 2% of transaction amount
Retail Cash Deposit Service fee (first three deposits each month are free)	$2.00
Monthly Service Charge	Free
Access America
Monthly Service Charge No Fee if daily balance of $500 or Direct Deposit of at least $500 monthly to the account is required to avoid the $10 service charge.	$10.00
Check Stop Payment (Individual)	$20.00
Check Stop Payment (Sequential Series)	$30.00
Returned Inbound Electronic Transfer (Originated at PenFed)	$30.00
Returned ACH (Originated at another financial institution), Check, or Preauthorized Debit
Non-sufficient Funds Uncollected Funds (Deposits on hold)	$30.00 $10.00
Check Ordering (per order)
First 40 Reorder	Free¹ Varies²
Foreign Transaction Fee	up to 2% of transaction amount
Retail Cash Deposit Service fee (first three deposits each month are free)	$2.00
Complete Access
Monthly Service Charge No Fee if daily balance of $500 or Direct Deposit of at least $500 monthly to the account is required to avoid the $10 service charge.	$10.00
Check Stop Payment (Individual)	$20.00
Check Stop Payment (Sequential Series)	$30.00
Returned Inbound Electronic Transfer (Originated at PenFed)	$30.00
Returned ACH (Originated at another financial institution), Check, or Preauthorized Debit
Non-sufficient Funds Uncollected Funds (Deposits on hold)	$30.00 $10.00
Bill Pay	$5.00
Check Ordering (per order)
First 40 Reorder	Free¹ Varies²
Foreign Transaction Fee	up to 2% of transaction amount
Retail Cash Deposit Service fee (first three deposits each month are free)	$2.00
Pencheck Plus
Monthly Service Charge No Fee if daily balance of $500 or Direct Deposit of at least $500 monthly to the account is required to avoid the $10 service charge.	$10.00
Check Stop Payment (Individual)	$20.00
Check Stop Payment (Sequential Series)	$30.00
Returned Inbound Electronic Transfer (Originated at PenFed)	$30.00
Returned ACH (Originated at another financial institution), Check, or Preauthorized Debit
Non-sufficient Funds Uncollected Funds (Deposits on hold)	$30.00 $10.00
Bill Pay	$8.95
Check Ordering (per order)
First 40 Reorder	Free¹ Varies²
PenFed ATM Fees for PenCheck Plus: PenFed ATM fees waived for members with Access America or Free Checking accounts
Non-PenFed Branded ATM Withdrawal Fee* Non-PenFed Branded ATM Balance Inquiry Fee*	$1.50 $1.00
Foreign Transaction Fee	up to 2% of transaction amount
Retail Cash Deposit Service fee (first three deposits each month are free)	$2.00
Limited Checking
Monthly Service Charge No Fee if daily balance of $500 or Direct Deposit of at least $500 monthly to the account is required to avoid the $10 service charge.	$10.00
Check Stop Payment (Individual)	$20.00
Check Stop Payment (Sequential Series)	$30.00
Returned Inbound Electronic Transfer (Originated at PenFed)	$30.00
Returned ACH (Originated at another financial institution), Check, or Preauthorized Debit
Non-sufficient Funds Uncollected Funds (Deposits on hold)	$30.00 $10.00
Bill Pay	$5.00
Check Ordering (per order)
First 40 Reorder	Free¹ Varies²
PenFed ATM Fees: Non-PenFed Branded ATM Withdrawal Fee* Non-PenFed Branded ATM Balance Inquiry Fee*	$1.50 $1.00
Foreign Transaction Fee	up to 2% of transaction amount
Credit Cards
Convenience Check Stop Payment (each)	$15.00
Two or More Simultaneous Stop Payment	$25.00
Card Replacement Expedited Mailing	$15.00 - $25.00
Mailed Credit Card Statement Waived only if statements are received electronically	$2.00
Mailed Credit Card Statement Reprint (each)	$3.00
Returned Payment Fee	up to $25.00
Late Payment Fee	up to $28.00
Loans
Returned Loan Payment, Check or ACH	$30.00
Late Charge on Loans (per payment)	$29.00
Thrifty Credit Service, Tax-Smart College Line, & Personal Line of Credit Over Limit Fee (each time)	$15.00
Automobile Lien Placement Charge	Actual Fee Incurred
Check Stop Payment	$15.00
Equity Line of Credit
Convenience Check Stop Payment (Individual)	$20.00
Check Stop Payment (Sequential Series)	$30.00
Over Credit Limit (per month)	$20.00
Returned Check	$30.00
Returned Loan Payment, Check or ACH	$30.00
Annual HELOC Fee	$99.00
Lien Release Processing	$20.00
Late Charge	As provided in promissory note
Mortgage and Equity Loans
Late Charge	As provided in promissory note
Returned Loan Payment, Check or ACH	$30.00
Lien Release Processing	$20.00
Subordination	$150.00
Partial Release	$250.00
Recast	$250.00
CEMA Fee	$450.00
Mortgage Loans
Origination Fee (Non-VA)	1% of loan amount up to $1,995
Origination Fee (VA Purchase, Non-IRRRL Refinance)	$995
Escrow Waiver Fee	0.25% of Loan Amount
Services
Mailed Consolidated Statement of Accounts^‡ This fee is waived if you: (1) receive your statements electronically; (2) have a PenFed checking account with a monthly direct deposit of at least $500; or (3) maintain a minimum daily balance of $500 or more in your PenFed checking account.	$2.00
Statement Copy	$3.00
Check Copy (each, after first four free)	$1.00
Domestic Wire Transfer	$25.00
International Wire Transfer	$30.00
ACH Transfer via Member Service There is no fee for ACH transfers initiated at PenFed.org	$5.00
There is no fee for ACH transfers initiated at PenFed.org
Real Estate Subordination Request	$150.00
ACH Transfer via 3^rd Party Servicer	up to $10.00
Incidental Fees
Bad Address/Inactive Accounts (per quarter)	$15.00
Garnishment or Levy Fee	$20.00
Account Research (per hour)	$15.00

†No fee with the PenFed VISA Promise Card or PenFed Defender VISA Signature^® Card.

‡Except where prohibited by law.

¹Standard checks; additional expense for non-standard check orders.

²Prices vary based on quantity, style, and design.

ATM Service Fees

Account Types	PenFed ATMs	In-Network*	Out-of-Nework^\|
Access America Checking Free Checking	No PenFed fee for any PenFed account accessed at an ATM	No PenFed fee for any PenFed account accessed at an ATM	No PenFed fee for any PenFed account accessed at an ATM Surcharge fees are imposed by third party ATM operators.
Complete Access Checking	No PenFed fee	No PenFed fee	No PenFed fee Surcharge fees are imposed by third party ATM operators.
PenCheck Limited Checking PenCheck Plus Checking Regular Share Savings Money Market Savings	No PenFed fee	$1.50 - PenFed Withdrawal fee $1.00 - PenFed Balance Inquiry fee **PenFed fees waived for members with Access America or Free Checking Accounts	$1.50 - PenFed Withdrawal fee $1.00 - PenFed Balance Inquiry fee *PenFed fees waived for members with Access America or Free Checking Accounts Surcharge fees are imposed by third party ATM operators.*

For a complete listing of PenFed ATMs and surcharge fee-free ATM locations, visit https://www.penfed.org/locations.

*To find the nearest In-Network ATM, please refer to the ATM or branch Locator Map.

| Note: Out-of-Network surcharges are not imposed or controlled by PenFed.